Community Reinvestment


Front porch with a blue bicycle

Partnering with our neighbors is meaningful to us. It’s all part of our Purpose to Boldly Grow the Good in business and life. That’s why BMO is constantly seeking opportunities to accelerate positive change in communities that have faced barriers. This work ranges from community-based financial education programs and financing for first-time home buyers to major urban redevelopment projects, which provide housing and jobs. It’s part of how we’re helping build a society with zero barriers to economic inclusion.


 

Our work at a glance for 2019 calendar year: $440M for mortgage loans to low and moderate income borrowers; $1.5B in small business lending; $836M for community development loans and investments; 350 homeowners helped by our down payment assistance program
Our work at a glance for 2019 calendar year: $440M for mortgage loans to low and moderate income borrowers; $1.5B in small business lending; $836M for community development loans and investments; 350 homeowners helped by our down payment assistance program

BMO Harris employees provided financial education outreach to more than 10,400 people in 2019.

BMO Harris Bank provided $610 million in community development loans in 2019.


Responsible Banking

Community Reinvestment Act

BMO works to lift up communities in need by providing tools that help people develop financial resilience and fulfill their potential.

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BMO Harris community development programs

See an overview of BMO Harris’s Community Development activities, including our use of debt and equity partnerships, and financing on projects with government funding programs.

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Helping homeowners

Learn how BMO Harris helps homeowners access federal assistance when they need it.

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BMO EMpower

BMO Empower is our $5 billion commitment over five years to address key barriers faced by minority businesses, communities and families in the United States.

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